{
  "id": 14423478,
  "title": "Leela Palaces Hotels & Resorts Reports 33% Revenue Rise To ₹411.9 Crore In Q2 FY27; Profit Up 27% To ₹94.6 Crore",
  "url": "https://urgent.news/2026/10/14/leela-palaces-hotels-resorts-reports-33-revenue-rise-to-411-9-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T09:57:05.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/leela-palaces-hotels-resorts-reports-33-revenue-rise-to-4119-crore-in-q2-fy27-profit-up-27-to-946-crore"
  },
  "original_language": "en",
  "account": "Mumbai-based Leela Palaces Hotels & Resorts Limited announced a 33% year-on-year increase in operating revenue for the quarter ending September 30, 2026, reaching ₹411.9 crore. The company's profit for the period rose by 27% to ₹94.6 crore. Operating EBITDA grew by 36% to ₹187.7 crore, with an operating EBITDA margin of 46%, up by 118 basis points from the previous year. Revenue per available room (RevPAR) saw a 30% increase, hitting ₹17,225, driven by a 30% rise in average daily rate (ADR) to ₹25,046. Room revenue climbed by 39%, while food and beverage revenue grew by 21%. Hotel management agreement (HMA) fees increased by 76%, indicating a rise in managed properties. Non-room revenue contributed over 50% of the total revenue in the first half of FY27. The company has a pipeline of 1,038 keys across 10 properties, with the Leela Jaisalmer and The Leela Luxury Residences, Mumbai, in the pre-opening stage and expected to commence operations in FY27. As of September 30, 2026, net debt stood at ₹1,215 crore, with the net debt to LTM EBITDA ratio improving to 1.4x.",
  "summary": "Mumbai: Leela Palaces Hotels & Resorts Limited reported an operating revenue of ₹411.9 crore for the quarter ended September 30, 2026, marking a 33 per cent year-on-year increase. The company's profit for the period grew by 27 per cent to ₹94.6 crore. Leela Palaces Hotels & Resorts Reports PAT Of ₹48.76 Crore For June Quarter Financial Performance Operating EBITDA for the second quarter of FY27…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}